Debts and Obligations. Gulfstream shall pay and discharge or cause to be paid and discharged promptly all debts and obligations of Gulfstream as they come due; provided that Gulfstream may in good faith contest, by proper legal actions or proceedings, the validity or amount of any such debt or obligation and, for the duration of such contest, Gulfstream’s obligation pursuant to this paragraph (a) shall be suspended;
Debts and Obligations. Except as otherwise provided in the Act, the debts, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company, and the Members shall not be obligated personally for any such debt, obligation or liability of the Company solely by reason of being a Member.
Debts and Obligations. (Each of the parties shall be responsible for paying any debt, credit card or charge account listed in his or her name individually and shall indemnify and hold the other party harmless thereon.) or (other disposition.) (The parties acknowledge there are no joint debts.)
Debts and Obligations. All material debts or other obligations of the Business are set forth in the financial statements provided to the Buyer or the schedules hereto.
Debts and Obligations. 49 4.6 Company Stockholders' Consent......................................................................49 4.7 Breach of Representations, Warranties, Agreements and Covenants....................................49 4.8 Consents...........................................................................................50 4.9 Indemnification....................................................................................50 4.10
Debts and Obligations. Except as set forth on Schedule 4.5, Company has paid, or will pay, all material debts, including any which arise out of or as a result of the transactions contemplated by this Agreement, and performed or will perform all material obligations required according to their terms to have been paid or performed as of the Effective Date of the Merger under the terms of all contracts, whether written or oral.
Debts and Obligations. Neither the corporation’s chartering entity nor the State of Utah, including any agency of the State of Utah, nor officers or agents of the corporation are liable for the debts or financial obligations of the corporation. These Articles of Incorporation are hereby adopted, effective May 23, 2022: Xxx Xxxxxxx Xxx Xxxxxxx, Board Chair Xxxxx Xxxxxx Xxxxx Xxxxxx, Board Vice Chair Xxxxxxx Xxxxx Xxxxxxx Xxxxx, Board Secretary Xxxxxx Xxxx Xxxxxx Xxxx, Board Treasurer Xxxx Xxxxxxxxx Xxxx Xxxxxxxxx, Board Member at Large Appendix C: Governing Board Bylaws Elevated Charter School Bylaws
Debts and Obligations. The parties represent and warrant to each other that they have not incurred any bills, debts or obligations for which the other may be liable. Neither party shall contract in the name of the other, nor in any way bind the other for any debts or obligations. If debts or obligations are incurred by either party on behalf of the other, contrary to the provisions of the preceding paragraph, he or she shall indemnify the other from all claims, costs, expenses, damages and actions arising from those debts or obligations. The parties acknowledge that all liabilities and debts which the parties currently are responsible for are listed in the respective attached schedules. DEPENDENTS The parties acknowledge that both must be in agreement before any relative or friend of either party resides in the family home. In the event that this occurs, then the related party shall be responsible for the support and costs of the relative or friend.
Debts and Obligations. All debts and obligations which are for the benefit of both <<one>> and <<two>>, or which directly relate to the upkeep or maintenance of the House, shall be the common obligation of both <<one>> and <<two>>.
Debts and Obligations. Neither the City nor the District shall be liable for any debts or obligations of the other.
